Ethereum memecoin Cutoshi (CUTO) might be the next big thing in the crypto market. Is the cute memecoin taking the crypto universe by storm? Everything is possible after all that happened in the market lately with WIF and BONK.
WIF Climbing the Dip
As one of the biggest Solana memecoins, WIF is seeing a comeback. Currently standing at $2, WIF rose more than 15% in just one day in September. This comes after months of negative performance.
WIF was one of the tokens that rode the wave of memecoin enthusiasm earlier this year. It reached its maximum in March. The token traded at $4.85 shortly after its listing on Binance. A major exchange listing the token naturally brought more traders to WIF.
Since then, however, WIF has seen the same trend as many memecoins. However, this trend seems to be reversing. For now, investors are loving WIF. Currently ranked 4th memecoin on the market, WIF definitely is in the fight with the big boys.
For that reason, some investors are eyeing $10 WIF by 2025. If investor enthusiasm in memecoins picks up again, this is not impossible.
BONK Keeping it Steady
BONK has recently proven why it is the top memecoin on the Solana blockchain. Its team shook up the memecoin space by announcing plans to launch an exchange-traded product in the US. This is an ambitious goal, but one that reveals BONK’s commitment to the space.
Currently, US regulators are skeptical of even altcoin ETPs. BONK’s memecoin ETP is in a completely different category. This explains why the market didn’t budge a lot after BONK’s announcement. A memecoin ETP will face an uphill battle for approval, and investors realize this.
Currently at $0.0000018, BONK was on a steady trajectory in the last seven days. However, with the crypto markets picking up, BONK has the potential to regain its ATH, and go even further. With Bitcoin breaking $63,000 again, everything is possible.
Cutoshi Taking the Internet By Storm With Cuteness
Taking inspiration from Satoshi’s teachings and the Chinese lucky cat, Cutoshi wants to bring luck to your portfolio. It is also a token with rich utility, powering a complete decentralized ecosystem. Its recent performance was nothing short of spectacular.
In just the first few days of its presale, the token raised a whopping $330,000 and is eyeing a presale valuation of $70 million. Traders that come first can get it at its cheapest presale price ever of $0.015. This explains the huge interest in the token so far.
Cutoshi has ambitious plans for its ecosystems, which is something that is attracting early investors. Drawing from Satoshi’s teachings, Cutoshi will have its own decentralized ecosystem. This includes a Decentralized Exchange (DEX), crucial for trading without limits.
The project will also feature a farming system, which will distribute rewards to its users. Additional rewards will also come in the form of NFTs, and Cutoshi will also provide a learning platform.
With a focus on decentralization, privacy, and monetary freedom, Cutoshi has a great shot at bringing new people into the crypto space.
Summary
With all the memecoins it is hard to choose just one. However, Cutoshi stands ahead of others thanks to its rapid growth and a low presale price.
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